Altosim
ActiveSummary
Altosim has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €9,875 and a net result of €198,105. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 142 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability99▼-1
Solvency26▼-3
Growth58=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.92 in 2025; short-term debt: 98.8% and cash: 20.3% of total assets), and 98.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
1.2%
Return on assets
24.3%
Age of the figures
4 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 142 sector peers (2026).
NBB · sector comparisonPosition among 142 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2026 was due by 31-12-2026 and was filed on 30-06-2026, 184 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
184 d early
2025
12 d early
2024
14 d early
2023
11 d early
2022
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 49 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2027 and is due by 31-12-2027. Nothing is late today. Usually files around 17 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-05-2027 close31-12-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€9,875▼ 63.1%
2025 · €26,770
Total assets
€814,950▲ 20.0%
2025 · €679,120
Net result
€198,105▲ 1.1%
2025 · €195,938
Working capital
-€72,674▼ 43.1%
2025 · -€50,780
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€35,751-€270,367▲ 656%€367,295▲ 35.9%€243,656▼ 33.7%€242,392▼ 0.5%
Net result€28,480within the sector's middle half-€208,002above the sector's middle half▲ 630%€285,250above the sector's middle half▲ 37.1%€195,938above the sector's middle half▼ 31.3%€198,105▲ 1.1%
Equity€33,480below the sector's middle half-€241,482within the sector's middle half▲ 621%€526,733within the sector's middle half▲ 118%€26,770below the sector's middle half▼ 94.9%€9,875▼ 63.1%
Total assets€71,166below the sector's middle half-€326,238below the sector's middle half▲ 358%€649,586within the sector's middle half▲ 99.1%€679,120within the sector's middle half▲ 4.5%€814,950▲ 20.0%
Debt€37,686-€84,755▲ 125%€122,853▲ 44.9%€652,349▲ 431%€805,075▲ 23.4%
Working capital€30,478within the sector's middle half-€233,291within the sector's middle half▲ 665%€474,942above the sector's middle half▲ 104%-€50,780within the sector's middle half-€72,674▼ 43.1%
Solvency47.0%within the sector's middle half-74.0%within the sector's middle half▲ 27.0pp81.1%above the sector's middle half▲ 7.1pp3.9%below the sector's middle half▼ 77.1pp1.2%▼ 2.7pp
Current ratio1.81within the sector's middle half-3.75within the sector's middle half▲ 1.944.87above the sector's middle half▲ 1.110.92within the sector's middle half▼ 3.940.91▼ 0.01
Return on assets (ROA)40.0%above the sector's middle half-63.8%above the sector's middle half▲ 23.7pp43.9%above the sector's middle half▼ 19.8pp28.9%above the sector's middle half▼ 15.1pp24.3%▼ 4.5pp
Staff (FTE)0within the sector's middle half0within the sector's middle half0within the sector's middle half0
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 1% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €814,950
Fixed assets
€82,550 ▲ 6.4%
Current assets
€732,400 ▲ 21.7%
Equity and liabilities €814,950
Equity
€9,875 ▼ 63.1%
Debt
€805,075 ▲ 23.4%
Debt's share of the balance-sheet total rises from 96.1% to 98.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€248,917=
2025 · €248,996
Cash flow
€204,630▲
2025 · €201,277
Debt to equity
81.52▲
2025 · 24.37
Interest coverage
206.80▲
2025 · 186.70
Debt ≤ 1 year
€805,075▲
2025 · €652,349
Income taxes
€61,462▼
2025 · €61,903
A ratio outside any meaningful range has been withheld (balance sheet total €814,950, equity €9,875).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 513 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.9%
went bankrupt
1.4%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,071 | €887 | €1,815 | €5,340 | €6,525 | ▲ 22.2% |
| Other operating charges640/8 | €62 | €124 | €126 | €83 | €589 | ▲ 609% |
| Gross operating margin9900 | €36,884 | €271,378 | €369,236 | €249,079 | €249,506 | ▲ 0.2% |
| Operating profit (loss)9901 | €35,751 | €270,367 | €367,295 | €243,656 | €242,392 | ▼ 0.5% |
| Financial income75/76B | - | €1,984 | €9,057 | €15,518 | €18,379 | ▲ 18.4% |
| Recurring financial income75 | - | €1,984 | €9,057 | €15,518 | €18,379 | ▲ 18.4% |
| Financial charges65/66B | - | €648 | €1,312 | €1,334 | €1,204 | ▼ 9.8% |
| Recurring financial charges65 | - | €648 | €1,312 | €1,334 | €1,204 | ▼ 9.8% |
| Profit (loss) for the period before taxes9903 | €35,751 | €271,702 | €375,040 | €257,841 | €259,567 | ▲ 0.7% |
| Income taxes67/77 | €7,271 | €63,700 | €89,789 | €61,903 | €61,462 | ▼ 0.7% |
| Profit (loss) for the period9904 | €28,480 | €208,002 | €285,250 | €195,938 | €198,105 | ▲ 1.1% |
| Profit (loss) for the period to be appropriated9905 | €28,480 | €208,002 | €285,250 | €195,938 | €198,105 | ▲ 1.1% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,166 | €326,238 | €649,586 | €679,120 | €814,950 | ▲ 20.0% |
| Fixed assets21/28 | €3,002 | €8,191 | €51,790 | €77,551 | €82,550 | ▲ 6.4% |
| Tangible fixed assets22/27 | €502 | €5,691 | €49,290 | €75,051 | €80,050 | ▲ 6.7% |
| Plant, machinery and equipment23 | - | - | - | - | €8,020 | - |
| Furniture and vehicles24 | €502 | €5,691 | €4,441 | €4,047 | €4,764 | ▲ 17.7% |
| Other tangible fixed assets26 | - | - | €44,849 | €71,004 | €67,266 | ▼ 5.3% |
| Financial fixed assets28 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €68,164 | €318,047 | €597,795 | €601,569 | €732,400 | ▲ 21.7% |
| Amounts receivable after more than one year29 | - | €102,500 | €255,422 | - | - | - |
| Other amounts receivable291 | - | €102,500 | €255,422 | - | - | - |
| Amounts receivable within one year40/41 | - | - | €103,033 | €508,081 | €556,630 | ▲ 9.6% |
| Trade receivables40 | - | - | €103,033 | €113,555 | €161,674 | ▲ 42.4% |
| Other amounts receivable41 | - | - | - | €394,526 | €394,956 | ▲ 0.1% |
| Cash at bank and in hand54/58 | €65,224 | €212,286 | €231,180 | €83,027 | €165,748 | ▲ 99.6% |
| Deferred charges and accrued income490/1 | €2,940 | €3,261 | €8,160 | €10,462 | €10,023 | ▼ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,166 | €326,238 | €649,586 | €679,120 | €814,950 | ▲ 20.0% |
| Equity10/15 | €33,480 | €241,482 | €526,733 | €26,770 | €9,875 | ▼ 63.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €28,480 | €236,482 | €521,733 | €21,770 | €4,875 | ▼ 77.6% |
| Distributable reserves133 | €28,480 | €236,482 | €521,733 | €21,770 | €4,875 | ▼ 77.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €37,686 | €84,755 | €122,853 | €652,349 | €805,075 | ▲ 23.4% |
| Amounts payable within one year42/48 | €37,686 | €84,755 | €122,853 | €652,349 | €805,075 | ▲ 23.4% |
| Trade debts44 | €14,614 | €8,150 | €14,825 | €10,618 | €23,419 | ▲ 121% |
| Suppliers440/4 | €14,614 | €8,150 | €14,825 | €10,618 | €23,419 | ▲ 121% |
| Taxes, remuneration and social security45 | €21,546 | €72,137 | €99,332 | €38,829 | €9,485 | ▼ 75.6% |
| Taxes450/3 | €16,234 | €72,137 | €99,332 | €38,829 | €9,485 | ▼ 75.6% |
| Remuneration and social security454/9 | €5,311 | €0 | - | - | - | - |
| Other amounts payable47/48 | €1,526 | €4,468 | €8,696 | €602,902 | €772,171 | ▲ 28.1% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,480 | €208,002 | €285,250 | €195,938 | €198,105 | ▲ 1.1% |
| + Depreciation and write-downs630 | €1,071 | €887 | €1,815 | €5,340 | €6,525 | ▲ 22.2% |
| Operating cash flow (approximation) | €29,550 | €208,889 | €287,065 | €201,277 | €204,630 | ▲ 1.7% |
| Investment in fixed assets (approximation) | - | -€6,076 | -€45,414 | -€31,100 | -€11,524 | ▲ 62.9% |
| Change in cash | - | €147,062 | €18,894 | -€148,153 | €82,721 | ▲ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-05
Financial
Highest result since 2022net €285,250 ▲37.1%
Operating result €367,295, net result €285,250, both a record.
31-05
Financial
Equity above €500,000Eq €526,733 ▲118%
3 profitable years in a row build equity to €526,733.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-05
Financial
Liquidity doublescurrent ratio 3.75
Current ratio from 1.81 to 3.75.
31-05
Financial
Equity above €200,000Eq €241,482 ▲621%
2 profitable years in a row build equity to €241,482.
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2022
Ground area
1,305 m²
Building footprint
173 m²
Volume, LiDAR
689 m³
Parcel 24126A0298/00N000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Altosim
since 20222.326.747.017
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126A0298/00N000 | Flanders | 1,305 m² | 1 · 173 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,193 EUR awarded · 2,193 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 192 EUR |
| 2024 | 1 | 1,278 EUR | 1,086 EUR |
| 2023 | 1 | 915 EUR | 915 EUR |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 22,847 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2022
Fiscal year end31-05
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780714396
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.